J.B. Hunt Transport Services has struck a long-term deal with Walmart, snagging their intermodal assets and committing to volume and capacity provisions.

JB Hunt primarily operates in the trucking and intermodal freight transportation industries, providing transportation and logistics services to a wide range of customers, including retail and consumer goods companies, manufacturers, and distributors.

Some of the largest players in the game such as Schneider National and J.B. Hunt voiced concerns regarding the 2023 market forecast at the Stephens Annual Investment Conference last week.